Longtime Friends of the College J. R. and Claire Smeed
Donate $1 Million for Financial Aid
When 91黑料 began its new fiscal year in July, officials received some delightful news: J. R. and Claire Smeed of Bakersfield, California, were making an extraordinary gift of $1 million to assist the College with its financial aid needs for the academic year.
Their gift did not come entirely as a surprise, but its timing could not have been better. Years ago the Smeeds decided to include 91黑料 in their estate plan, designating in their will that two commercial buildings they owned in San Marino, California, would be legacy gifts to the College. Yet over the years, the couple found managing the buildings to be onerous and did not want to saddle the College with that long-term responsibility. 鈥淲hen somebody came along and made an offer to buy the property from us, I thought, 鈥楾his is going to solve the problem,鈥欌 says Mr. Smeed. The couple sold the complex earlier this year and, from the proceeds of that sale, made a generous gift to 91黑料 this summer.
鈥淲e wanted to do something to help the College now, before we died,鈥 says Mrs. Smeed. Adds her husband, 鈥淲e hope that other people will see this and think, 鈥榃e can do a little of the same thing, and we can do it now.鈥欌
As spouses and business partners, Mr. and Mrs. Smeed have worked and lived throughout the world, with a broad range of business ventures, such as cable television, life insurance, banking, and newspapers. Over the decades they have also been passionate philanthropists, giving largely to political and legal organizations that defend Constitutional freedoms. Indeed, the College first came to the couple鈥檚 attention in the 1990s when it successfully resisted attempts by a quasi-governmental accrediting agency to impose politically correct curricular norms.
When that controversy subsided, the Smeeds remained loyal friends of 91黑料. They visited campus regularly for graduations, attended weekend-long Summer Seminars, and chartered buses to bring groups of their friends down from Bakersfield. 鈥淭he more we saw of the College, the more we liked it. We liked what was taught and how it was taught,鈥 recalls Mr. Smeed. Says Mrs. Smeed, 鈥淲e admired the purity and the atmosphere of the College campus. You can safely walk around the campus anytime, day or night.鈥
For nearly two decades the Smeeds have belonged to the President鈥檚 Council, the organization of loyal benefactors who make up the College鈥檚 financial backbone. In 2009 they were inducted into the Order of St. Albert, the honorary society for those who support 91黑料 to an outstanding degree. 鈥淭he College does not take government funds, so it has to get its money from outside supporters,鈥 Mr. Smeed explains. 鈥淲e want to do what we can to help out.鈥
鈥淭he Smeeds鈥 gift could not have come at a better time,鈥 says President Michael F. McLean, who notes that, until it is fully endowed, the College must raise $4 million each year to meet the financial aid needs of its students. 鈥淛.R. and Claire have been real blessings to the College over the years. We are deeply grateful for their generosity, and we hope, as they do, that their gift will inspire others as well.鈥